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Cable Update (GBPUSD)

  • #351,521
  • Nov 1, 2013 3:14am Nov 1, 2013 3:14am
Rbs Prepares To Unveil New 'Bad Bank'

http://www.marketwatch.com/story/rbs...ank-2013-11-01
  • #351,522
  • Nov 1, 2013 3:30am Nov 1, 2013 3:30am
5980 5940 5890 if data not good
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  • #351,523
  • Nov 1, 2013 3:36am Nov 1, 2013 3:36am
Quoting gio123
5980 5940 5890 if data not good {image}
It will go down regardless. Good data will only have a knee-jerk reaction.
Those who say it cannot be done should not interrupt those who are doing it
  • #351,524
  • Nov 1, 2013 3:39am Nov 1, 2013 3:39am
G/M,

New month...October's pip range only 366 against 523 20 month atr ! New Monthly Pivots.

Meantime, Another small pip range (< 20 day atr) doji-esq/spinning top candle (bullish body) on the daily yesterday, asian session mixed - a downside move followed by a bounce up that was sold at the end of that session/early london session. 1hr/4hr in general opa downtrends now. 23.6% 5099-6259 at the current daily lo...just fibs and calculated pivots down to the previous 1hr/4hr/daily/minor weekly swing lo zone that extends down to 5893. Uk and U.s Manuf Pmi's today. 65% of lots long on this site's trade explorer now !

G/L
ex member
  • #351,525
  • Nov 1, 2013 4:00am Nov 1, 2013 4:00am
PB candle close on the 1hr off that fib ?..right at the previous swing lo from weds/thurs

G/L
ex member
  • #351,526
  • Nov 1, 2013 4:04am Nov 1, 2013 4:04am
Good Morning !
Today's S/R Levels on MT4 Templates

EURO
CABLE

http://www.forexfactory.com/showthre...75#post7063975
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #351,527
  • Nov 1, 2013 4:05am Nov 1, 2013 4:05am
I'll be watching these pink charts of mine on EU and Cable
Attached Image(s) (click to enlarge)
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #351,528
  • Nov 1, 2013 4:19am Nov 1, 2013 4:19am
Will Uk/ U.s Manuf PMI's suprice to the upside like Chicago PMI in U.s did ? - could see an upside breech of yesterday/Wednesday's lo if that happens ?...conversely of course.....

G/L
ex member
  • #351,529
  • Nov 1, 2013 4:26am Nov 1, 2013 4:26am
And right before news, we are hovering at 1.6000
  • #351,530
  • Nov 1, 2013 4:37am Nov 1, 2013 4:37am
1st test rejection of that previous swing lo zone from thurs/weds lows from underside pullback...will previous support be resistance now ?....downside revision to previous and worse than expected/previous....what now ?...if downside...bids touted toward 5980 (stops below) as we are see-ing then minor at 5965, stronger at 5950....fibs and calculated pivots down to that previous swing lo zone on 4hr + down to 5893...weekly S3 @/around 5959, new monthly S1 below that @/around 5870.

G/L
ex member
  • #351,531
  • Nov 1, 2013 5:19am Nov 1, 2013 5:19am
It may be time to start thinking about getting long this pairing as on trade explorer traders/lots are now net short ! lol.

G/L
ex member
  • #351,532
  • Nov 1, 2013 5:19am Nov 1, 2013 5:19am
Present probable short moves in smaller tf , pressure remain down for the time being in the bull set up still very strong , with huge pressure down for correction in eu for 3430 this week test to 3180 to 3000 next week & also gold 1309 breaks /00 test this week & 1274 next week .

Gu 5878 will be all time min next swing target with whatever complex & as still in bull set up ) it may have but after few weeks run I think.

Take care .
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #351,533
  • Edited 6:30am Nov 1, 2013 6:17am | Edited 6:30am
Quoting PipTrapper
{quote} It will go down regardless. Good data will only have a knee-jerk reaction.
and down it goes. Next stop (brief coffee break only) 1.5975 and then 1.5945 extension. Might see 1.590x today.
Those who say it cannot be done should not interrupt those who are doing it
  • #351,534
  • Nov 1, 2013 6:29am Nov 1, 2013 6:29am
Quoting PipTrapper
{quote} and down it goes. Next stop (brief coffee break only) 1.5975 and then 1.5945 extension. Might see 1.590x today.
Damn. Didn't even have enough time to warm up the cup. Okay 5945 next, and by the looks of the momentum, I may not have time for a coffee there either.
Those who say it cannot be done should not interrupt those who are doing it
  • #351,535
  • Nov 1, 2013 6:37am Nov 1, 2013 6:37am
buy limits between 1.5921 and 1.5904
Enjoy your day.
  • #351,536
  • Nov 1, 2013 6:37am Nov 1, 2013 6:37am
nice set up gbp jpy
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #351,537
  • Nov 1, 2013 6:41am Nov 1, 2013 6:41am
why ?


Quoting pipcenturion
buy limits between 1.5921 and 1.5904 Enjoy your day.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #351,538
  • Nov 1, 2013 6:46am Nov 1, 2013 6:46am
High probability

Quoting Bones
It would frustrate say bbmac for me to say now this will go to support in the coming months , {quote} {image}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #351,539
  • Nov 1, 2013 6:52am Nov 1, 2013 6:52am
Quoting PipTrapper
{quote} I hear Magix is in the mood http://www.forexfactory.com/showthre...57#post7063057
Quoting suthmo
{quote} Ha Ha he's a consistent asshole, we can give him that. I stuck my nose in there and he didn't jump down my throat yet? Looks like he's had a long day of fighting already and needs a break.

Awwwwwwwwww....

Aren't the pair of you sweet, all thinking of me.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #351,540
  • Nov 1, 2013 6:57am Nov 1, 2013 6:57am
Love your trade setups bones, your trading style and charts look very similar to mine, do you think we'll be breaking through and holding above this level on the usd soon? I closed out some short positions on gold as we've pushed away from it, but i'm holding on with my cable shorts for now
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